Monthly Archives: November 2014

OPEC’s meeting: Viennese whirl

UK Only Article:  standard article Fly Title:  OPEC's meeting Rubric:  The problems that beset the oil cartel Main image:  20141129_wbp503.jpg CARTELS work best when the members like and trust each other, when the penalties for breaching the rules are severe, … Continue reading

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The Nigerian economy: Well below par

UK Only Article:  standard article Issue:  Should digital monopolies be broken up? Fly Title:  The Nigerian economy Rubric:  Over-reliance on oil spells trouble for Nigeria WHEN the price of oil tumbles, you should worry about a country that relies on … Continue reading

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Oil and the markets: Black gold Friday

IF IT had happened in a stockmarket, we would be talking about a crash. Oil’s 6.7% fall yesterday was all the more remarkable in that the event that triggered it – Opec’s decision not to cut production – had been … Continue reading

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Daily chart: OPEC flexing

OIL ministers from the Organisation of the Petroleum Exporting Countries (OPEC) will meet on November 27th in Vienna to discuss what to do about falling oil prices. The cartel, which controls 40% of world oil output, faces a dilemma. Its poorer members, … Continue reading

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